SEBI and ESMA sign MoU on CCP oversight in India and EU; Replaces 2017 MoU to reflect EMIR amendments.
SEBI and ESMA sign MoU on CCP oversight in India and EU; Replaces 2017 MoU to reflect EMIR amendments. Memorandum of Understanding ESMA-SEBI - CCPs 1 Memorandum of Understanding between The Securities and Exchange Board of India (SEBI) and European Securities and Markets Authority (ESMA) The Securities and Exchange Board of India, as established by the Securities and Exchange Board of India Act, 1992. AND ESMA, EU’s financial markets regulator and supervisor, contributing to the stability and effectiveness of the financial system; promoting fair and orderly functioning of financial markets and effective and consistent level of regulation and supervision; preventing regulatory arbitrage and promoting equal conditions of competition; ensuring risks are appropriately regulated and supervised; enhancing customer and investor protection; as set out in Regulation (EU) No 1095/20101 (‘ESMA Regulation’). ...